SOLUTION: A local dairy association enlists the help of a marketing research firm to predict the demand for milk. the research firm finds that the local demand for milk can be predicted by t

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Question 1169287: A local dairy association enlists the help of a marketing research firm to predict the demand for milk. the research firm finds that the local demand for milk can be predicted by the equation q=-4000p+10000, where p represent the price per quart(in dollar) and q represent the number of quartz purchased per week.
1: graph the equation
2: identify the slope and q-intercept.
3: intercept the meaning of the slope and q-intercept.
Answer by josgarithmetic(39630) About Me  (Show Source):
You can put this solution on YOUR website!
slope -4000, how the demand changes for the change in price

"quartz" ?

When price p is 0,..... q goes through the vertical axis intercept. The demand when price is 0.